SPECIAL REPORT: THE ECONOMIC COST OF ‘FLATTENING THE CURVE’ IN AFRICA
Tue, 24 March 2020
Africa calls for a suspension of USD 100 billion in debt service payments on both concessional and commercial loans, as governments begin to estimate the cost of restrictive virus containment measures. EXX Africa assesses the economic impact of the South African 21-day lockdown and Nigeria’s currency devaluation as oil revenues plummet – and we predict who, ultimately, will pick up the tab.
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